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Why are most of the traders here failures?

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  • Post #241
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  • Jan 17, 2014 7:40am Jan 17, 2014 7:40am
  •  yazzie
  • | Joined Feb 2013 | Status: Member | 321 Posts
Man what a negative thread. Maple Leaf If I took you up on your bet I would have won hands down! however, I have no interest in that. I'm a Full Time Trader coming off a profitable first year. I usually don't post my stats but there are just way too many "Nobody makes money as a retail trader" posts specifically by a few here that I see repeatedly in other threads doing the same bashing.

I'm going to post Myfxbooks.com screen shots of my individual account and my business trading account. I traded my individual Account through August of last year and then to take advantage of the many tax benefits I incorporated my Trading business and started trading solely in my business entity. I will not answer any questions about my trading style nor respond to any trolls or comments. I will NOT post these again, just want to prove it's possible that you can make money trading retail Forex.
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  • Post #242
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  • Jan 17, 2014 7:45am Jan 17, 2014 7:45am
  •  sgpbufet
  • | Joined Jan 2014 | Status: Member | 88 Posts
Quoting yazzie
Disliked
I'm going to post Myfxbooks.com screen shots of my individual account and my business trading account. {image} {image}
Ignored
yazzie great photoshop job the pixel changing is noticing. Can you tell us where you learned to master such photoshop skills 10/10 i am almost fooled.
 
 
  • Post #243
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  • Jan 17, 2014 7:52am Jan 17, 2014 7:52am
  •  yazzie
  • | Joined Feb 2013 | Status: Member | 321 Posts
Quoting sgpbufet
Disliked
{quote} yazzie great photoshop job the pixel changing is noticing. Can you tell us where you learned to master such photoshop skills 10/10 i am almost fooled.
Ignored
And this is why those who are trading successfully don't post in these threads very often due to the Troll Factor. Those are legitimate screenshots, Sorry but I'm not going to post these links publicly nor let you see my brokerage accounts. Good luck with your trading endeavors. Wish you the best!
 
 
  • Post #244
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  • Jan 17, 2014 7:56am Jan 17, 2014 7:56am
  •  sgpbufet
  • | Joined Jan 2014 | Status: Member | 88 Posts
Quoting yazzie
Disliked
{quote} And this is why those who are trading successfully don't post in these threads very often due to the Troll Factor. Those are legitimate screenshots, Sorry but I'm not going to post these links publicly nor let you see my brokerage accounts. Good luck with your trading endeavors. Wish you the best!
Ignored
nice excuse. if it makes u feeling better keep telling yourself this. anyone can take print screen from anyone's account from myfxbook or do teh photoshop. you should apply to work in the model magazines where they are airbrushign the models you would do well there. posting teh links is 100% secure that is whole point of myfxbook but ofcourse you are looking for the excuses no problem. next dreamer will be along soon.
 
 
  • Post #245
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  • Jan 17, 2014 8:03am Jan 17, 2014 8:03am
  •  Turveyd
  • | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Quoting yazzie
Disliked
{quote} And this is why those who are trading successfully don't post in these threads very often due to the Troll Factor. Those are legitimate screenshots, Sorry but I'm not going to post these links publicly nor let you see my brokerage accounts. Good luck with your trading endeavors. Wish you the best!
Ignored

This is turning into more and more of a troll site all the time, getting very annoying.

Troll's are angry losers, which can't accept anyone else could crack it because they can't and thereeeee so so much smarter than everyone else LOL


Don't bother trying to help people seems to be the wise move, sad for the 1's that deserve it, but tough!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
 
 
  • Post #246
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  • Jan 17, 2014 8:21am Jan 17, 2014 8:21am
  •  Overtime
  • | Joined Jan 2014 | Status: Member | 10 Posts
Quoting yazzie
Disliked
{quote} And this is why those who are trading successfully don't post in these threads very often due to the Troll Factor. Those are legitimate screenshots, Sorry but I'm not going to post these links publicly nor let you see my brokerage accounts. Good luck with your trading endeavors. Wish you the best!
Ignored
I'm totally new to FX trading and a watch this banter going forward and back.
As a new member i cannot post a new thread but can someone please convince me FX trading isn't gambling?
 
 
  • Post #247
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  • Jan 17, 2014 8:45am Jan 17, 2014 8:45am
  •  thehouse
  • | Joined Feb 2010 | Status: Member | 62 Posts
Quoting yazzie
Disliked
{quote} And this is why those who are trading successfully don't post in these threads very often due to the Troll Factor. Those are legitimate screenshots, Sorry but I'm not going to post these links publicly nor let you see my brokerage accounts. Good luck with your trading endeavors. Wish you the best!
Ignored
Nah not gonna knock you Yazzie.

If you say these are your stats that's great, good job. Many people have been screwed over by phony traders and guru's that it just make's one question who is the real deal.
 
 
  • Post #248
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  • Jan 17, 2014 8:57am Jan 17, 2014 8:57am
  •  Turveyd
  • | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Quoting Overtime
Disliked
{quote} I'm totally new to FX trading and a watch this banter going forward and back. As a new member i cannot post a new thread but can someone please convince me FX trading isn't gambling?
Ignored

It's not gambling, if your doing it right, 99% ofcourse aren't and therefore there just gambling.

So keep it simple, stick away from forum's they'll only teach you how to lose, if your not going to hold for days / weeks then M1 or M5 only, ignore the H4 crap, that's what 99% of people on here do, yep the same 99%.


Treat it as a hobby, maybe you'll be good at it and crack it soon, but most it takes 5 - 10years part time ofcourse, once cracked it's still not millionairesville over night, it's just a job that will pay very well, think 50K-100K per year, not millions.

Good luck!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
 
 
  • Post #249
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  • Edited at 9:47am Jan 17, 2014 9:20am | Edited at 9:47am
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 4,025 Posts
Quoting Overtime
Disliked
{quote} I'm totally new to FX trading and a watch this banter going forward and back. As a new member i cannot post a new thread but can someone please convince me FX trading isn't gambling?
Ignored

To save you a lot of time wasted looking at other rubbish, learn price action and supply & demand on the higher timeframes... 4hr, daily, weekly and monthly. Have a look here (it's a PDF made by a user off this site) and the various other supply & demand threads on this site, don't be paying for anything either, you can learn everything for free.

edit - here too.
 
 
  • Post #250
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  • Feb 25, 2014 8:17am Feb 25, 2014 8:17am
  •  arenoosh
  • | Commercial Member | Joined Jun 2012 | 218 Posts
Alexander Elder, in his book “Trading for a living – Psychology trading tactics and Money Management” said: << A person who makes 25% profit annually is a King of Wall Street. Many top-flight money managers would give away their firstborn child to be able to top this. A trader who can double his money in a year is a star – as rare as a pop musician or a top athlete. If you set modest goals for yourself and achieve them you can go very far. If you can make 30% annually, people will beg you to manage their money. >>
Buy when everyone else is selling and sell when everyone else is buying !
 
 
  • Post #251
  • Quote
  • Edited at 9:44am Feb 25, 2014 8:38am | Edited at 9:44am
  •  NOpantsON
  • | Additional Username | Joined Jan 2014 | 361 Posts
Traders is failing because they not putting in hours. They expecting to making the big monies with no work. You must study, study, study to become the good trader! Okay, hope you understand.
please read first post, i update for you, okay good guy. i like you.
 
 
  • Post #252
  • Quote
  • Feb 25, 2014 5:17pm Feb 25, 2014 5:17pm
  •  arod16
  • | Joined Jan 2012 | Status: Junior Member | 2 Posts
I think putting in work around getting your mind right for trading is important too - for example if you are stressed out it can show in your trading
 
 
  • Post #253
  • Quote
  • Feb 25, 2014 6:44pm Feb 25, 2014 6:44pm
  •  FXMasterSK
  • Joined Aug 2013 | Status: Going with the flow | 244 Posts
MapleLeaf is probably a losing trader with no life that has nothing better to do than complain about forex on an online forum because he/she cannot fathom how to properly trade the market and so instead of accepting he/she sucks at forex, he/she chooses to complain about it. Plain and simple.
 
 
  • Post #254
  • Quote
  • Last Post: Feb 25, 2014 7:09pm Feb 25, 2014 7:09pm
  •  Wolfofwallst
  • | Joined Jan 2014 | Status: Member | 6 Posts
You have to spend the time each and every day, all that 20 pips before breakfast nonsense is just that nonsense 1 day profit 2 days no profit then having to wait till next morning before you go to work to place another trade after dwelling on 2 losses for 48 hours never going to work ever......root yourself to your seat go over and above a normal working week with time spent 6am till 6 pm GMT Monday to Friday pick 2 or 3 of your favourite pairs .......stay away from Gbp/Usd and Eur/Usd understand that brokers offer best spreads on these to herd the masses all into one place...understand this .....stay away from these.... Put a Gbp/cad. Or a Gbp/aud alongside a Gbp/Usd chart you will see what I mean yes overall trend may be same for Gbp but your Gbp/Usd will have some crazy stop run movement in comparisn.......12 hours a day watch and wait watch and wait if the chart looks like crap then wait till it doesn't ......wait till you see where everyone has been caught out wait till you see where they have been caught again, learn to think like a Market maker watch the herd watch the crowd, make your move when the Market is bulging with money from everyone's stops look to trade just. Once twice maybe 3 times in your 12 hour stretch if you have a good first trade ......leave with a 100 percent record until you do it again the next day if you lose wait watch second trade 2 to 1 risk reward money comes back and profit walk away till the next day 100 percent winning day in tacked watch and wait if it looks like crap it probably is 1 hour 5 and 15 .........10 pips 20 pips leave less pips higher size pips is crapmlearn to think in percentages bring 3 percent to the table each day and be happy to leave with 4 ......you don't have to beat the Market just the man that isn't sitting watching and waiting so long that's the man you have to beat just the one man/women each da y the one that is not so prepared the one with no patience the one with no money management there are easy to find there is 99 of them to one of you .......can you beat 1 out of 99 everyday every week just 1 out of 99 .....10 pips = 1 %. 10 pips = 2% whatever you chose wait and watch like every trade was life or death you will see them.If I was to say to you make me 10 pips tomorrow and I will give you £10,000 you would do it without doubt .......so go and do it then .......just do it 15 days out of 20 that's your trading month 60 hours aweek
 
 
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